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LINKTV
Oct 11, 2012 11:00am PDT
government of laos doesn't have the resources necessarily to develop large-scale hydropower electric dams, the... it's being increasingly carried out by private corporations. narrator: this private development is carried out through something called a "boot scheme," which stands for build-operate-own-transfer. fox: a private corporation will build, operate, own a hydroelectric dam for a specified number of years, and then at the end of that time when they've recouped an agreed-upon profit, they hand it back to... hand it back over to the lao government. narrator: it's hoped that further hydroelectric development will provide the money needed to lift laotian living standards. the government wants to reduce poverty from 40% to ten percent by the year 2010. but it is dauntingask. the lao economy remains largely agricuural. b80% of the population is rural. only limited industry, such as cotton or silk, has begun in vientiane. literacy rates are among the world's lowest.silk, health care is another area of concern. although immunization programs have reduced the threat of measles, in morliromo
Search Results 0 to 0 of about 1